20212 iResearch I 2020 7666 Z 3 iResearch I 8729 2020 7666 18.6%1.239.9%2020 39.9%6725 7666 69.8%2020 2211 69.8%2023 5000 93.2%2020 93.2%2020 6725 24.2%87.7%2020 8729 12.9%4 12345 5 iResearch I iResearch I9.3%11.0%13.6%18.6%19.5%28.0%2011-2020 GDP GDP 118 N=118 2021 7 2020 GDP 3%20 GDP 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020GDP%6 iResearch I iResearch I2020 118 N=118 2021 7 118 N=118 2021 7 2021 5 2020 2021 15%30%,32.2%,30.5%,20.3%,11.0%,5.9%,41.5%,21.2%,17.8%,12.7%,6.8%72021.9 iResearch I 2021.9 iResearch I GDP 2020 39.2 2016-2020 GDP 22.6 27.2 31.3 35.8 39.2 30.3%32.7%34.0%36.3%38.6%2016 2017 2018 2019 2020 GDP%6.2%6.5%7.3%8.2%8.9%16.8%17.2%18.3%19.5%21.0%29.6%32.6%35.9%37.8%40.7%2016 2017 2018 2019 2020%2016-2020 8 iResearch I iResearch I 67.0%93.2%6.8%57.6%24.6%9.3%8.5%2021 118 N=118 2021 7 118 N=118 2021 7 2021 9 iResearch I iResearch I10%38.1%10%-29%37.3%30%-49%16.1%50%8.5%118 N=118 2021 7 118 N=118 2021 7 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2019 2020 2021e 2022e 2023e%792021.9 iResearch I 2020 582.8 90%2016-2023 2020 582.8 12.9%89.8%V MCN 189 267 400 516 583 667 754 843 150.3%41.5%50.0%29.0%12.9%14.4%13.0%11.8%85.3%84.5%86.1%89.0%89.8%90.5%91.1%91.7%2016 2020 2017 2018 2019 2021e 2022e 2023e%802021.9 iResearch I IT AdTracker-2019-2020 2020 IT 2019 8.5%2020 19.5%2020 AdTracker 3.7%IT 14.4%19.5%8.5%15.1%18.9%4.5%11.7%10.8%13.2%9.2%13.8%6.2%4.7%4.3%4.0%4.0%3.4%12.0%18.1%2020%2019%81 iResearch I PC GPRS/GSM3G 4G/5G 1.0 2.03.0 5.0/App 7x24+4.08212345 83 iResearch I iResearch I 118 N=118 2021 7 52%48%31%29%25%22%47%45%45%41%41%41%banner 84 iResearch I 118 N=118 2021 7 4A 11131931313940414353596162OTT IP 4A 85 iResearch I 86 iResearch I-KPI 1.0 2.0 3.0 4.0 87 IPO 88 2002 3000 400-026-Contact Us 89